Oil bounces as investors hunt bargains; virus fears cap gains
Oil rose on Tuesday as investors snapped up bargains after crude benchmarks dropped almost 4% in the previous session, but fears that the spreading coronavirus...
Asian shares try to stabilize as S&P futures bounce
Asian share markets were trying to stabilize on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce,...
Japan shares dive, bond markets bet virus will force rate cuts
Asian shares extended losses on Tuesday amid fears the coronavirus was rapidly mutating into a pandemic that could cripple global supply chains and wreak far...
Shake Shack sees delivery disruption thru 2020 with Grubhub partnership
Shake Shack Inc expects its delivery sales to be volatile throughout 2020 after its move last year to an exclusive partnership with third-party platform Grubhub...
United Airlines suspends 2020 guidance on coronavirus uncertainty
United Airlines Inc on Monday withdrew its full-year 2020 guidance, citing heightened uncertainty over how the duration and spread of the coronavirus to other regions...
Mastercard says coronavirus to hit first-quarter revenue
Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast...
Asian shares lead global rout, bonds bet on rate cuts
Asian share markets were heading south on Tuesday amid fears the coronavirus was rapidly mutating into a pandemic that could cripple global supply chains and...
U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments: sources
U.S. government officials are still considering ways to further curb sales to China’s Huawei Technologies [HWT.UL], despite President Donald Trump’s tweets and comments last week...
Europe’s top firms must double low-carbon investment: study
Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate...
Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears: sources
Investment banks including Citigroup Inc , Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak across the...